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Michael Mistaleski

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  • Hess Needs To Clean Up Its Mess!

    By Michael Mistaleski - February 7, 2013 | Tickers: HES, MPC, PSX

    Back at the end of November I wrote how I wished for Hess (NYSE: HES) to spin off its downstream refinery and retail outlets. This past week they announced the closing of their Port Reading, New Jersey refinery and they are also looking to sell its network of storage terminals. However, they are going to hold on to their retail outlets. The refinery was profitable in only one of the more »

  • Drilling Deep For Profits With Oil Drillers

    By Michael Mistaleski - January 13, 2013 | Tickers: ESV, NE, RIG

    It has been almost three years since the April 2010 BP oil spill. Billions are being paid in settlements. In late November of 2012 the United States government auctioned more than 20 million acres of offshore leases from the Texas coast. The vast majority of the winning bids were for deep water drilling tracts. The drilling sector has had a rally of late,  and how could they not with prices more »

  • 5 Picks for 2013

    By Michael Mistaleski - December 31, 2012 | Tickers: AXAS, AMRN, ARNA, EOX, NES

    Seems like everyone makes their predictions this time of year. Business publications, talking heads and fund managers spouting the next sure thing for the coming year. So what separates my picks from the rest? I own all five of my picks. I have put my money where my mouth is. Let me take you through each one.

    Let us start with Amarin (NASDAQ: AMRN). Ever since they announced on Dec more »

  • Expecting Energy Exports

    By Michael Mistaleski - December 21, 2012 | Tickers: XOM, MPC, PSX, RDS-A

    What do ExxonMobil (NYSE: XOM), Royal Dutch Shell (NYSE: RDS-A), Phillips 66 (NYSE: PSX) and Marathon Petroleum (NYSE: MPC) all have in common? They are all positioned to profit from the export of energy products from the United States. If you thought that the glut of oil at Cushing, Okla., was going to result in a glut of gasoline and low prices at the pump, well, you better think again more »

  • Riding the Oil Train Pipeline

    By Michael Mistaleski - December 16, 2012 | Tickers: ARII, CP, KSU

    Let's talk about an indirect way to play the Bakken oil boom. Kansas City Southern (NYSE: KSU) and Canadian Pacific (NYSE: CP) are two railroad companies taking advantage of the need for rail transportation in the area. But let's not forget a key aspect and that would be the railcars themselves, manufactured by American Railcar Industries (NASDAQ: ARII).

    According to the North Dakota Industrial Commission, the state produced more »

  • Three Energy Stocks Worth Watching

    By Michael Mistaleski - November 29, 2012 | Tickers: HES, SU, WLL

    It is a whole lot easier to pick winners in the energy sector when the price of oil is rising and all but the most incompetent players are making money. It is a lot more difficult when the price is falling or gyrating up and down. Long term, I think Suncor Energy (NYSE: SU), Whiting Petroleum (NYSE: WLL) and Hess (NYSE: HES) will be good energy investments.

    Suncor Energy is more »

  • Sink or Swim With Water Utilities.

    By Michael Mistaleski - November 12, 2012 | Tickers: AWR, AWK, WTR

    With this summers drought the importance of a clean abundant water supply is clearly not something that can be taken for granted. Water utilities should be an option for any balanced portfolio. Think about this, water is a commodity that can not be owned. It is held in the public trust. So water utilities take a product they do not own and sell it to consumers at a nice profit more »

  • Oil Refineries Q3 Earnings: Trick or Treat?

    By Michael Mistaleski - October 26, 2012 | Tickers: HFC, MPC, PSX

    With oil prices rising once again, downstream companies should show solid third quarter profits. Companies like Marathon Petroleum Corporation (NYSE: MPC), HollyFrontier (NYSE: HFC), and Phillips 66 (NYSE: PSX) should profit from global conditions. There is no reason for the high price of crude oil. China and Europe are both using less because of their economic slowdown . According to the U.S. Energy Information Administration, U.S. oil inventories are more »

  • A Commodity that Packs a Charge.

    By Michael Mistaleski - July 26, 2012 | Tickers: FMC, ROC 130817C00060000, SQM

    Lithium is a commodity that can not be purchased on an exchange. The product is in growing demand for use in batteries for electric cars, cell phones and notebooks to name just a few. The continued growth in demand for high tech-tech gadgets with a need for lithium powered batteries makes it worth a look as an investment. Because of the demand for the product, companies have been able to more »

  • Two Oil Refineries Worth a Look

    By Michael Mistaleski - July 16, 2012 | Tickers: HEP, HFC, TSO

    A lot goes into the price of a barrel of oil. The further one digs the more complicated it becomes. According to an article in the Financial Post, the breakeven price of a barrel of Saudi crude is $22.11. One might think, wow, West Texas Intermediate is at $84.45 and Brent is at $98.20, the Saudis are making a killing! Wrong.

    According to the Deutsche Bank, the more »

  • Banking on Bank Stocks

    By Michael Mistaleski - July 16, 2012 | Tickers: BAC, CFNL, CRBC, HBAN

      

    The mortgage mayhem of the past is still being felt at many banks. I want to take a look at a diverse group of banks looking to find ones that are moving forward and worth investing in.

    Lets start with Bank of America (NYSE: BAC). Almost everyday this is one of the most actively traded stocks on the NYSE. Some day it may be worth it for one to purchase more »

  • Utilities....Let's Take a Look

    By Michael Mistaleski - June 26, 2012 | Tickers: DUK, FE, PPL, SO

      

    There will be no QE3 for the time being. So there will be no “juicing” of the stock market by the Fed. “Operation Twist” is being continued (more of the same). Of course commodities are falling against the dollar (I think is a good thing), and in the long run it should be a break for the consumer. Disposable income should rise with falling oil prices putting more dollars to more »

  • Corning, McDonald's and Nokia -- Three Picks Revisited

    By Michael Mistaleski - June 15, 2012 | Tickers: GLW, MCD, NOK

    One will never pick stock winners every time. Even the best analyst will strike out on occasion. Over time some losers turn into winners for many reasons, ideally because of the solid fundamentals that were the reasons the stock was purchased to begin with. Stocks go up and down. Corning (NYSE: GLW), McDonald's (NYSE: MCD) and Nokia (NYSE: NOK) are three companies I have talked about that since have more »

  • Follow the Route to Phillips 66

    By Michael Mistaleski - June 11, 2012 | Tickers: COP, PSX

    Before ConocoPhillips (NYSE: COP) spun off Phillips 66 (NYSE: PSX) earlier this year it was the third largest integrated energy company in the United States. According to Barron's, institutional investors have pressured integrated energy companies to split off their refining operations from their exploration and development units because they are fond of pure plays. Phillips 66 is a pure play worth being fond of.

    Phillips earns 25% of its more »

  • All That Glitter is Gold

    By Michael Mistaleski - June 5, 2012 | Tickers: ABX, EGO, GG

    I'm not a gold bug nor a doom and gloom-er. I believe in that old axiom that says those who don't learn from history are bound to repeat it. People are afraid, so they rush to what they perceive as investment safe-havens like 10-year U.S. Treasuries whose yield dropped to 1.45% on Friday. They want to maintain their principle all the while their purchasing power is more »

  • Is it Time for Coal Stocks?

    By Michael Mistaleski - June 1, 2012 | Tickers: CNX, BTU, WLT

    One keeps hearing how the cheap plentiful supply of natural gas is causing utilities to cut back on coal usage causing a drop in demand. There is more to the story than just that. The warmer than expected winter caused not only natural gas usage to drop, but it also caused electrical usage to fall. Using the data from the Energy Administrative Agency, the first quarter of 2012 saw an more »

  • Let's Talk Dirty... Dirty Oil, That Is

    By Michael Mistaleski - May 23, 2012 | Tickers: BP, IMO, MPC, VLO

    Why doesn't anyone ever talk about the price of Western Canada Select (dirty oil)? Today it was trading under $76 a barrel. The world always hears about the cost of oil, which is usually West Texas Intermediate or Brent Crude, but one seldom hears about WCS.

    According to the Edmonton Journal, later this year the price is going to fall even further because Imperial Oil's (NYSEMKT: IMO) Kearl more »

  • Why Crude Oil Price Drop Makes McDonald's, Netflix and Dollar General Buys

    By Michael Mistaleski - May 16, 2012 | Tickers: DG, MCD, NFLX

    Oil futures are finally coming down instead of going up. The International Energy Agency said that the global oil supply rose 600,000 barrels per day in April even with the tightening of Iran's exports by sanctions! Yet on such wonderful news, the market is going lower with the price of crude.

    My opinion is that nothing is better for the global economy than for oil prices to come more »

  • All Aboard for Railroads?

    By Michael Mistaleski - May 10, 2012 | Tickers: CSX, KSU, NSC, UNP

    Over the past weekend I was stopped at a railroad crossing and was amazed at the diverse amount of products that were being shipped via rail. I knew coal was a large user of rail and with power plants changing over to natural gas, this was causing a down trend in rail volume. What I saw was finished lumber, auto parts, new autos, and an assortment of chemical tankers. So more »

  • America Has Gas....Smell Anything Rotten?

    By Michael Mistaleski - May 3, 2012 | Tickers: CHK, ECA, XCO, UPL

    I'm not a market timer. The last time I bought a stock thinking it couldn't get anymore beaten down...it did. It sure would have been nice to have bought it today at its lower price. The fundamental reasons for my purchase are still in place, that being sound management and a good business plan.  So what does this have to do with natural gas stocks? The price more »

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